As the proxy season is soon to arrive, companies with shareholder meetings on the calendar have much to think about. The ongoing drive towards "Proxy Access" with which shareholders would be able to nominate directors without going through a full fledged proxy fight is increasing the pressure on companies to show shareholders that their boards, as presently constituted, are productive and making the right strategic choices.
One way to do this is to show that the board is meeting productively and efficiently, keeping strategic issues front and center. Particularly if shareholders are pressuring the company needs to embrace technology, having the board embrace technology in the form of a board portal can be a great way to show responsiveness to shareholder desires and also improve the board's efficiency at the same time. At iBoardrooms, our board portal is designed to do just that. Give us a try today, free for thirty days.